Which of the Following Is a Type of Intelligent Technique

question 90

Multiple Choice

Which of the following is a type of intelligent technique?

• A)digital asset management
• B)case-based reasoning
• C)computer-aided design
• D)VRML
• E)LMS

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Definitions:

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning each combination offers the same level of utility or satisfaction.

Highest Possible Price

The maximum price that a product or service can achieve in a market under current conditions.

Lowest Possible Price

the minimum price at which a good or service is offered, considering all factors including cost, demand, and competition.

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in income.